First Return On Tangible Assets from 2010 to 2024

FIBK Stock  USD 34.39  0.56  1.66%   
First Interstate Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. Return On Tangible Assets may rise above 0.01 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.00874049
Current Value
0.0111
Quarterly Volatility
0.00197473
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Interstate financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Interstate's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.4 M, Interest Expense of 689.6 M or Selling General Administrative of 391.4 M, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0642 or PTB Ratio of 1.42. First financial statements analysis is a perfect complement when working with First Interstate Valuation or Volatility modules.
  
Check out the analysis of First Interstate Correlation against competitors.

Latest First Interstate's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of First Interstate BancSystem over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. First Interstate's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Interstate's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

First Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation20.08
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.0000039
Range0.0068
R-Value0.14
Mean Square Error0.00000412
R-Squared0.02
Significance0.62
Slope0.000062
Total Sum of Squares0.000055

First Return On Tangible Assets History

2024 0.0111
2023 0.00874
2022 0.006516
2020 0.009525
2019 0.013
2018 0.0127
2017 0.009129

About First Interstate Financial Statements

First Interstate investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 

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When determining whether First Interstate Ban is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Interstate Bancsystem Stock. Highlighted below are key reports to facilitate an investment decision about First Interstate Bancsystem Stock:
Check out the analysis of First Interstate Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Interstate. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Interstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Dividend Share
1.88
Earnings Share
2.28
Revenue Per Share
9.226
Quarterly Revenue Growth
(0.09)
The market value of First Interstate Ban is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Interstate's market value can be influenced by many factors that don't directly affect First Interstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.